Where Futures Lies
Daily Futures Trading Strategy 9 September 2021 (Local Market)
Futurescoin
Publish date: Thu, 09 Sep 2021, 03:38 PM
Futurescoin
0 3,350
We track market on a daily basis and we adjust our planning according to the market movement. It is very vital for traders to adapt and react to changes.We have prioritized group that gets our first hand info on trading. If you are interested, please drop us an email at futures.coin@gmail.com for further detail. On the other hand, please follow us at our blog http://futurescoin.blogspot.com/ as posting will be early in our blog than I3investor.
LOCAL MARKET
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FKLI
Market made a last minute push on Wednesday as buying interests were seen in selected heavyweight counters. This last minute buying could be due to Klang Valley were to enter NRP Phase 2 on this Friday, further opening up the economy.
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Plan A : Remain buy as long as market trades firmly above 1577. Targets are 1585.5 and 1594.
Plan B : Consider short only if market surges but fails to breach above 1585.5. Targets are 1577 and 1571.5.
FCPO
FCPO continue to run up and down within 4300's to 4400's today with effort to stay firm above 4400-mark. Dalian closed +100 at 8488 while soybean oil traded -0.02 at 57.47. Ringgit stays at RM4.14 against the greenback.
To subscribe to real time signal, email to us at futures.coin@gmail.com for details. Sign up today for September subscription.
Plan A : Short if market failed to support above 4425. Targets are 4403 and 4379.
Plan B : Long if market supported firm above 4425. Targets are 4446 and 4471.
Disclaimer: This information is intended to assist professional investors. News are credit courtesy of Reuters, Nasdaq.com, Bloomberg, CNN, Market Watch, FT.com, the Star online, forbes.com and CNBC. The information does not constitute investment advice or an offer to invest or to provide management services and is subject to correction, completion and amendment without notice.As with all investments, there are associated risks and you could lose money investing. Prior to making any investment, a prospective investor should consult with its own investment, accounting, legal and tax advisers to evaluate independently the risks, consequences and suitability of that investment.
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